Discussion Post
• Calculate the current ratio and quick ratio for the latest two years, obtain the industry average ratios from IBISWorld, and analyze the results.
• Discuss what each of these ratios tells you about the company's current financial condition, and how they compare to the industry averages. Identify the major causes of any changes in these ratios and discuss your assessment of the company based on these changes. Review the balance sheet and the notes to the most recent financial statements and identify any contingent liabilities.
The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.